Tuesday, May 11, 2021

Major European Container Handling Terminal Changes Hands

Port Group Concentrates Rotterdam Activities
Shipping News Feature

NETHERLANDS – APM Terminals (APMT) has agreed to sell off its Rotterdam terminal operations (APMTR) to Hutchison Ports Netherlands B.V., a subsidiary of Hutchison Ports. APMTR is located adjacent to Hutchison Ports’ existing ECT Delta terminal in the Maasvlakte area of Europe’s largest port. It has 1,600 metres of deep-water quay serviced by 13 ship-to-shore gantry cranes.

As with many operators in the field Hutchison Ports has of late expanded into other logistics and transportation-related businesses, including cruise ship terminals, distribution centres, rail services and ship repair facilities. Commenting on the acquisition, Clemence Cheng, Managing Director of Hutchison Ports Europe said:

“We are delighted to strengthen further our presence in the Port of Rotterdam. We already handle the majority of containers in the port through ECT’s Delta and Euromax terminals. The addition of APMTR will further enhance our ability to offer a first class and flexible service to our customers.

“We will continue to serve Maersk Line’s existing business at the terminal and will work with the workforce to develop the customer and volume base to meet growing demand. We have the opportunity to redevelop and enhance the facility in the future and look forward to continuing to grow our business in the port.”

In 2020, Hutchison Ports handled a combined throughput of 83.7 million TEU whilst APM Terminals, itself owned by Maersk, runs 75 terminals worldwide, often in conjunction with joint venture partners. Commenting on this latest deal, Rolf Nielsen, Head of Hub Terminals APMT said:

“We are pleased to announce our divestment of APMTR to Hutchison Ports. Over the past eighteen months, the various parties have worked intensively and constructively together with all relevant parties, including APMTR’s works council and trade unions, to complete the transaction. The sale gives APMTR the best possible future with a good security for jobs for its employees.”

Photo: APMTR at night courtesy APM Terminals.